diff --git a/domains/internet-finance/Polymarket vindicated prediction markets over polling in 2024 US election.md b/domains/internet-finance/Polymarket vindicated prediction markets over polling in 2024 US election.md index 5ea7094c..25df660a 100644 --- a/domains/internet-finance/Polymarket vindicated prediction markets over polling in 2024 US election.md +++ b/domains/internet-finance/Polymarket vindicated prediction markets over polling in 2024 US election.md @@ -48,6 +48,12 @@ The very success of prediction markets in the 2024 election triggered the state --- +### Additional Evidence (extend) +*Source: [[2026-03-22-atanasov-mellers-calibration-selection-vs-information-acquisition]] | Added: 2026-03-22* + +The Atanasov/Mellers framework suggests this vindication may be domain-specific. Prediction markets outperformed polls in 2024 election, but GJP research shows algorithm-weighted polls can match market accuracy for geopolitical events with public information. The election result doesn't distinguish whether markets won through better calibration-selection (Mechanism A, replicable by polls) or through information-acquisition advantages (Mechanism B, not replicable). If markets succeeded primarily through Mechanism A, sophisticated poll aggregation could have matched them. + + Relevant Notes: - [[futarchy is manipulation-resistant because attack attempts create profitable opportunities for defenders]] — theoretical property validated by Polymarket's performance - [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] — shows mechanism robustness even at small scale diff --git a/inbox/queue/.extraction-debug/2026-03-22-atanasov-mellers-calibration-selection-vs-information-acquisition.json b/inbox/queue/.extraction-debug/2026-03-22-atanasov-mellers-calibration-selection-vs-information-acquisition.json new file mode 100644 index 00000000..9fc081b5 --- /dev/null +++ b/inbox/queue/.extraction-debug/2026-03-22-atanasov-mellers-calibration-selection-vs-information-acquisition.json @@ -0,0 +1,25 @@ +{ + "rejected_claims": [ + { + "filename": "prediction-market-epistemic-mechanisms-separate-into-calibration-selection-and-information-acquisition.md", + "issues": [ + "missing_attribution_extractor" + ] + } + ], + "validation_stats": { + "total": 1, + "kept": 0, + "fixed": 2, + "rejected": 1, + "fixes_applied": [ + "prediction-market-epistemic-mechanisms-separate-into-calibration-selection-and-information-acquisition.md:set_created:2026-03-22", + "prediction-market-epistemic-mechanisms-separate-into-calibration-selection-and-information-acquisition.md:stripped_wiki_link:speculative markets aggregate information more accurately th" + ], + "rejections": [ + "prediction-market-epistemic-mechanisms-separate-into-calibration-selection-and-information-acquisition.md:missing_attribution_extractor" + ] + }, + "model": "anthropic/claude-sonnet-4.5", + "date": "2026-03-22" +} \ No newline at end of file diff --git a/inbox/queue/2026-03-22-atanasov-mellers-calibration-selection-vs-information-acquisition.md b/inbox/queue/2026-03-22-atanasov-mellers-calibration-selection-vs-information-acquisition.md index f2b43a7a..19020aee 100644 --- a/inbox/queue/2026-03-22-atanasov-mellers-calibration-selection-vs-information-acquisition.md +++ b/inbox/queue/2026-03-22-atanasov-mellers-calibration-selection-vs-information-acquisition.md @@ -7,9 +7,13 @@ date: 2026-03-22 domain: internet-finance secondary_domains: [ai-alignment, collective-intelligence] format: article -status: unprocessed +status: enrichment priority: high tags: [prediction-markets, superforecasters, epistemic-mechanism, skin-in-the-game, belief-1, disconfirmation, academic, mechanism-design] +processed_by: rio +processed_date: 2026-03-22 +enrichments_applied: ["Polymarket vindicated prediction markets over polling in 2024 US election.md"] +extraction_model: "anthropic/claude-sonnet-4.5" --- ## Content @@ -77,3 +81,12 @@ Financial markets up-weight skilled participants via earnings. Calibration algor PRIMARY CONNECTION: [[speculative markets aggregate information more accurately than expert consensus or voting systems]] WHY ARCHIVED: Resolves the Session 8 challenge to Belief #1; establishes the two-mechanism distinction that reframes multiple existing claims about futarchy's epistemic properties EXTRACTION HINT: The claim to extract is the two-mechanism distinction, not just a summary of the academic findings. Focus on Mechanism A (calibration-selection, replicable by polls) vs. Mechanism B (information-acquisition, not replicable). The finding is architecturally important — it should affect multiple existing claims as enrichments. + + +## Key Facts +- GJP beat all IARPA ACE research teams by 35-72% (Brier score) +- GJP beat intelligence community's internal prediction market by 25-30% +- Top superforecaster Year 2 Brier score: 0.14 vs. random guessing 0.53 +- Year-to-year top forecaster correlation: 0.65 +- GJP reportedly outperformed futures markets by 66% at Fed policy inflection points (Financial Times, July 2024) +- Kalshi real-money markets beat Bloomberg consensus for headline CPI and matched realized fed funds rate on FOMC day (Fed FEDS paper, Diercks/Katz/Wright, 2026)